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the markets from foreign capitol and from jack lew as treasury nominee. u.s. economics editor for "the economist," and senior economics reporter steve leaseman. steve, first to you. what are the markets saying? what is jack lew's reputation in wall street and what do you see coming forward with debt negotiations? >> i think this appointment is being taken advisedly in the sense that it's a kind of wait and see. you know, from my perspective, having covered more or less -- more or less degrees, seven of the past treasury secretaries, jack lew does come to the table with a bio that perhaps has less independence in it than any treasury secretary i can remember. robert rubin, hailing from goldman sachs, salary summers was a renowned economist. paul o'neil from alcoa. there's nothing on lew's resume that suggests any measure of independence. markets want a little bit of independence from their treasury secretary. that said, if jack lew's appointment can, in fact, result in some kind of longer term budget deal affixed to entitlements, tax reform, corporate and individual that i think markets
>>> there's jack lew's signature. we could have a pretty ugly signature on our dollar bill. >> i mean, is this even a signature? or did he start drawing charlie brown and give up after the hair? good grief. and it got no better when lew explained his fiscal philosophy saying, quote, i describe budgets as tapestry. nation.s woven together, it >> i tried. still doesn't even look good. good morning and welcome to "way too early," the show that's proudly ranked just ahead of doctors at our penmanship class. we have a lot to talk about, including a white house meeting on gun control between vice president biden and leaders of the national rifle association. i'll tell you why the nra leaders walked away disappointed. plus, the pentagon tightens its belts ahead of possible cuts. >>> first, our top story at 5:30 a.m. here at 30 rock in new york city. amid a national debate about guns and violence, a california teacher and a campus supervisor are being credited for heroic actions yesterday during yet another school shooting. it happened in taft, california, around the same time vice presi
. >>> president obama is now on his lookout for his next chief of staff after nominating jack lew to replace timothy geithner at the treasury department. the president called the move bittersweet but insisted his loss will be the nation's gain. >> over the years, he's built a reputation as a master of policy who can work with members of both parties and forge principaled coprincipal -- principled compromises. jack has my trust. i know i'm not alone in that. i hope the senate will confirm him as quickly as possible. >> during yesterday's announcement, both lew and president obama poked fun at the media attention surrounding his loopy signature. >> you've been a friend and colleague for many years. actually, decades. the american people are better off for your outstanding service. and you know, i thought i knew you pretty well, but it was only yesterday that i discovered we both share a common challenge with penmanship. >> i had never noticed jack's signature. when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to
voice vowing to block jack lew, coming up we'll have an opportunity to speak with bernie sanders liberal leaning independent who says lew is wrong for america's middle tax. >>> john boehner inviting president obama to deliver the state of the u.n. i don't address to the joint congress february the 12th. a couple of weeks away. >>> president obama is meetinging with afghanistan president hamid karzai at the white house. how many u.s. troops should stay in afghanistan after 2014, if any at all. we'll talk more about that. >>> plus, the flu, now widespread in nearly all 50 states and even if you did not get vaccinated. there's a chance you could still get sick? we'll bring you the details. >>> the big question of you, do you think the hollywood and gaming industry will be as on stin at as the nra when it comes to finding solutions to gun violence? sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. pr
to nominate jack lew to be the treasuresy secretary. joining us to discuss this are familiar faces. karl rove from texas. and joe trippi in washington. thank you for being here. i want to break down battles one-by-one. the first one getting attention is chuck hagel for defense secretary. how big of a bat doll you think this is. where do you think it will play out? >> this is the biggest of the five nomination fights we know about. maybe a vote against hagel. few republicans, none come to his defense. few republicans might vote for him. he has a contentious personal background. hard, acerbic and hard to work with. more important than that is the record on the issues. opposed to iranian sanctions. he opposed the iraq surge. defended dialogue with hamas. refused to join in a letter calling on e.u. to condemn hezbollah. he had a pejorative comment to jewish lobby. he has taken stances that indicateed he is less than supportive of the relationship with israel. >> there are two key democrats that could factor in how this goes. one is new york democratic senator schumer. >> he is staying quiet on th
ahead we'll have more on the president's cabinet reshuffle, including the nomination of jack lew to lead the treasury department. but, first, it is target tuesday. that's the day when vice president joe biden says he'll present his recommendations on preventing gun violence to the president. biden made the announcement as he met with hunting groups and gun advocates, including the nra. and he said a con shen sus is emerging over proposals such as expanding background checks and banning high-capacity magazines. >> you all know this is a complicated issue. there's no singular solution. but there's also things we know. we know that there are certain actions we take that have diminished, have diminished the extent of the gun violence that otherwise would be occurring in the united states. >> indeed. that violence is continuing apace even as mr. biden addressed the media. news broke of a high school shooting today in taft, california. a 16-year-old victim air lifted to a hospital, now in critical but table condition with the alleged shooter, another 16-year-old student, in custody. police say
, jack lew. jack lew who has one thing in common with president obama's last three presidential nominations, john kerry, chuck hagel and john brennan they are all white males. does the president have a diversity problem? hey, we'll get into that. afterall, he is the first african-american president. but first the latest out in los angeles, here she is with today's current news update, lisa ferguson. hi, lisa. good morning. >> hey bill. good morning everyone. vice president joe biden continues his talks on gun control today. he's meeting at 2:15 this afternoon with representatives from the video gaming community along with researchers who study the effects of simulated violence on young kids. last night's meeting with the hollywood entertainment industry went relatively well according to representatives at the meeting. they said the industry appreciates being included in the dialogue and looks forward to doing its part in seeking meaningful solutions. it still is not quite clear though what more washington can do to force tv shows and movies to temper the violence. >>> as for yes
on his chief of staff, jack lew, to fill the slot at treasury, being vacanted by secretary geithner. lew has gone before the full senate for confirmation more than once in the past four years. he hasn't gotten a no vote yet. and the president doesn't expect one now. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, "having lew on your team is the equivalent as a coach the luxury of having somebody in almost any position and knowing he will do well." and i could not agree more. so i hope the senate will confirm him as quickly as possible. >> one thing lew may have to work on, though, if he gets the job, his signature. yes. this string of loops is actually jack lew's signature. and it's not a small thing, considering it would go on all the new dollar bills. that's the first one we would see. and frankly, a lot of currency over the next few years. >> jack assures me that he is going to work to make at least one letter legible -- [ laughter ] -- in order to debase our currency, should he be confirmed as secretary of the treasury. >> all kidding
daily run-down." >> president obama makes his pick for the top spot at treasury. is jack lew ready for a full-blown fight over the debt ceiling in his first month on the job? pocket change. you heard about this idea. the trillion dollar coin to handle the debt ceiling. well, today we will tell you where it all started and whether or not it is really something president obama might use. they won't rule it out important some reason. and back to the future. the gun debate of 1994 had many lessons for the fight unfolding today. what can president obama learn from president clinton's success? good morning from washington. thursday, january 10, 2013. this is "the daily run-down." i'm chuck todd. let's get to my first read of the morning. this afternoon president obama will formally name his chief of staff, jack lew, to replace treasury secretary tim geithner. a sign the white house expects a big fight over the federal budget lew is the safe pick. he has been confirmed twice by the senate before. just in this administration. if confirmed in time, he can face his first test next month over
expected to nominate white house chief of staff jack lew later today to be the next treasury of the secretary, but if lou is confirmed he might consider sharpening that signature which will pretty much be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state of massachusetts reporting 18 flu-related deaths so far. the hospitals can barely contain all the people pouring into them. >> we're seeing significant rates of hospitalization, much more se
all cited by president obama as he nominated his chief of staff, jack lew, to be the next treasury secretary but the announcement is drawing attention to the makeup of the president's second-term cabinet. it's on track to be dominated by men. our white house correspondent brianna keilar is joining us from the white house. what is the white house saying about all of this? >> reporter: wolf, the white house has been asked about this quite a bit. white house press secretary jay carney has said that the president believes diversity is important and he's highlighted that there are a number of women serving in the white house and in the administration and indeed there are, wolf, and there's lack of topics in his cabinet. president obama choose a trusted insider to replace timothy geithner as treasury secretary. >> under president clinton, he presided over three budget surpluses in a row. so for all of the talk out there about deficit reduction, making sure our books are balanced, this is the guy who did it three times. >> reporter: jack lew, obama's chief of staff and former budget direc
secretary-- his own chief of staff, jack lew. it was widely reported today that the announcement will come tomorrow. lew played a key role in the recent fiscal cliff negotiations with congress, and he previously headed the office of management and budget. if confirmed by the senate, lew would replace timothy geithner who's stepping down later this month. labor secretary hilda solis submitted her resignation today, after four years on the job. she made the decision public in an e-mail message. labor unions have praised solis for aggressively enforcing wage laws and job safety. business groups have complained she refused to take a more cooperative approach. american international group will not join a shareholder lawsuit over its federal bailout. a.i.g.'s directors said today they were legally obligated to consider taking part, but they opted against it. the company had faced mounting criticism since news of the suit broke. the 2008 rescue of a.i.g. cost $182 billion-- the largest of the financial crisis. all of it was paid back, leaving the u.s. government with a profit of $22 billion. vice
says jack lew must never be secretary of the treasury. january none bream is at the white house. why? >> well, shepard, he, like many other republicans on the hill say that lew is the wrong man for the job because they call him a big government liberal. someone who has blocked them at every turn when they have tried to pass more spending cuts essentially. you know it's a very sore topic here in washington. you mentioned that sessions is the top republican on the budget committee. he told me today that two years ago when lew testified he lied. those were session's words. here is a bit more of what he had to say. >> we just can't have somebody who can't acknowledge, can't look the american people in the eye and tell them the truth about our financial condition. >> following lew's formal nomination here at the white house a number of other republican senators sent out reactions saying they are going to have an open mind. they will listen through the vetting process in the senate. most of them are inclined at this point to vote no. shep? >> shepard: much of the word we are getting this i
of integrity, every single one of them, no scandals including the new treasury of secretary jack lew so there will be no scandal or no stupidity, wob exception there is cautious, reliable, responsible and for the most part extremely experienced. and so i give them high marks for these sorts of things. i think the way you fault a president is they are already very well-known to him, have been for a long time. a lot of them are already working for him and are probably exhausted by what is happening over the last four years. second, nobody from bismts i really think it would have been useful to have somebody from the business community. third, still very strong on the harvard, yale, princeton axis, very of the establishment of the democrat central left democratic party. and so if you wanted some freshness, if you wanted somebody outside the box, somebody who would bring something new to an administration that is already tired because of what has happened, i don't think you see that. so you see caution, safety, intelligence and experience. you don't see fresh. >> if you want die virts, i me
is reportedly set to nominate his chief of staff, jack lew, to replace timothy geithner at the treasury department for obama's second term jack lew widner geithner in heading treasury after a stint on wall street, working at the financial giant citicorp between 2006 and 2010. the u.n. arab league envoy to syria has issued his strongest words to date against the regime of syrian president bashar al- assad. speaking to bbc news, lakhdar brahimi appeared to endorse al- assad's departure from government as part of any political solution in syria. >> what people are saying, it is a little bit too long. so the change has to be real. i think president assad could for what hislead an people want, rather than resisting it. >> afghan president karzai is in the u.s. for talks with president obama on u.s. troops levels in afghanistan after the withdrawal deadline of 2014. obama administration officials have recently floated troop numbers ranging from zero to 20,000 after combat operations formally come to an end. karzai kicked off his visit on wednesday by meeting a group of senators. >> the trip h
live to the white house. president obama is set to name jack lew as the next treasury secretary, becoming the 76 to treasury secretary so far. so far only one republican has come not in opposition. we will hear from the president and likely jack lew as well. vice president joe biden continues meetings on the gun violence task force coming hearing from walnut -- wildlife interest groups this morning. he is doing a widespread review of the safety laws. he will be meeting in about half an hour with the national rifle association. president obama has set a late january deadline for vice- president biden's proposals. before the meeting got under way, he spoke to reporters for about 15 minutes. >> let me thank you all for being here. you represent the bulk of sportsmen in this country, and you all know this is a complicated issue. there is no singular solution to how we deal with the kind of things that happen in new town or colorado or the general gun violence in america today. the president and i and the cabinet, we understand it is a complicated issue. that is why when the presiden
the one that's got the toughest road, i think there's criticism of jack lew and john brennan, but also i think especially for chuck hagel as secretary of defense. interestingly enough, he was a former republican senator, and i think he thought he'd get bipartisan support. hagel didn't make a lot of friends among republicans because he was well to the left of them on a lot of foreign policy issues. opposed the troop surge in iraq, and opposed get tough measures against iran. a lot of leading republican senators don't like him. and some top democrats who are at least on the fence about him, because he took -- he made a statement about gays that they didn't like several years back. and also he has not been an unquestioned supporter for israel. i think hagel has the toughest road to go. we'll be talking to two key senators about that and the fight over gun control, which is starting to pick up in the capital. kelly ayotte, rising republican star, and senator from connecticut, blumenthal. >> looks like john kerry is the one that might sail through easier than the other two? >> i think kerry w
. keelove strong. >>> obama's nominee for treasury secretary jack lew is facing criticism because his signature, which will appear on the dollar bill, is complete lly illegible. look at his signature. this is real. in response, lew is like, i will fix this or my name is -- there's some political news here. president obama recently came under fire from republicans over the lack of diversity in his cabinet. then obama said, you guys know i'll be there too, right? >>> well, it's time for other entertainment news. it's the cia versus the lapd at the box office this weekend. after being in limited release for the past few weeks "zero dark thirty" is going wide, fresh off its five oscar nominations. but "gangster squad" may take first place this weekend thanks to box office draws ryan gosling and emma stone. >>> so what does 9-year-old quvenzhane wallis want to do now that she's nominated for on can oscar? what any other 9-year-old would want to do. go on a shopping spree and eat pizza. >>> justin bieber may have a dopplpganger. >>> and justin timberlake and beyonce both announced new music
." >> president obama announced the white house chief of staff, jack lew, as his choice to head the treasury department. the secretary praised the outgoing secretary geithner, knowing the challenges he would race four years ago. jack lew will take over over the department in the middle of a debate he trained the senate and the congress about about how to raise the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by tim geithner and jacob lew. >> good afternoon, everyone. please have a seat. a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] but on news that tim's extensive experience with economic policy made him eminently qualified and i knew he could hit
sebelius will be staying on. the president is expected to name jack lew as treasury secretary. he was the white house budget director during the clinton administration. >>> and if jack l he want w is named as secretary of the treasury, he might have to change his signature. very hard to read as you can see right there on the screen. but it will be on every u.s. bill. the current secretary, tim geithner, had to change his sixty to make it legible too. so they have to have some writing lessons before they become treasury secretary. >> you would think that somebody that high up would have a more legible signature than that. >> it looks like graffiti. >> a little scribble-scrabble. >>> jerry sandusky face as a new court hearing. what his lawyers plan to tell the judge today. >>> president obama is putting a symbolic twist on this year's inauguration. why you may want to pay close attention when he takes the oath of office. (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you ke
. ♪ >>> president obama will nominate his chief of staff over at the white house, jack lew, to be the next treasury secretary. >> it's going to be his signature, right, on the bottom of all our currency. it will look something like this. >> that -- that's your signature? or are you just testing to see if the pen works? hey, lew, here's a tip. stop signing all your checks on the teacup ride at disney world. the only way that you're allowed to have that as your signature is if your name is boing! >> he does have a funny signature. welcome back to "morning joe." richard wolffe and donny deutsch are still with us. >> beautiful sunrise. >> it is beautiful. >> beautiful. >> beautiful friday morning. >> what's that in the background blinking? >> a chopper. >> another chopper. let's stay on this shot. this may get interesting. >> no. joining the table -- good lord -- "new york times" columnist gail collins. it's good to have you on board this morning. >> good to be here. it's friday. >> it is friday. >> yeah. >> nice silence. >> you know -- >> you know what alex just said to me? >> what's that? >> let's do
. but other shows have other theories. >> there is jack lew signature. we could have a pretty ugly signature on our dollar bill. >> is it even a signature or did he start drawing charlie brown and give up after the hair? good grief! and it got no better when lew explained his fiscal policy quote i describe budget tapestry when it's hope dream of a nation. >> bret: thanks for inviting us into your home tonight. that is it for "special report," fair, balanced and unafraid. charles, i had more time. >> shepard: this is the fox report. tonight, the feds say the deadly flu epidemic -- outbreak is now an epidemic. widespread in all but three states and killing children. but there may be some good news. and it's supposed to be among the most advanced passenger jets in all the world. but for the dream liner, it's really more nightmare. they have had electrical problems, a cracked windshield, even a fire. >> every new commercial airplane has issues in the inner service. >> shepard: now the feds are investigating. still, the dozens of dream liners already in service are going to keep flying. >> nothin
cabinet announcements in chuck hagel and just yesterday jack lew and while not a cabinet position, the president nominated john brennan to head the cia. all three posts need to be confirmed when the senate gets back to work. and speaking of approval, the president will kick off his second term seven points more popular than the first-term average flying in the face of history, though it's still early. five of the seven u.s. presidents re-elected since world war ii have been less popular in the second terms. so can the president use early momentum to push the policy agenda? let's spin. guys, i have been saying for a while now i think that his second term he's going the see a lot more pushback from the friends on the left than his foes on the right. for one, he's been re-elected. i think the gop has generally resigned themselves to the fact that they're going to be four more years to obama and they have a little less incentive to hang him for every misstep he has but democrats are incentives to watch him more carefully. one, payment, you know, a number of groups, unions for one, inv
appointment to his cabinet. jack lew as the next contrary sorry secretary. right now, lew is the president's chief of staff but he's been budget director and a veteran of the clinton administration. lew is also the fourth white man to be chosen to fill the president's second-term cabinet. and the white house is feeling the heat on this. l.a. times writes, the cabinet may not meet its own diversecy standards. "the national journal" why obama's white-guy problem seems worse than it is. and "washington post," obama needs some binders of women. and it didn't help when hilda solis announced her resignation yesterday. let me bring in political reporter for "the washington post" and staff writer sarah toeplitz. >> good morning. >> good morning. >> let me read to you part of ruth marcus' column. "not an outrage, but a shame. the face of power that president obama has chosen to present to the country and the world with his second term cabinet picks is striking. except for the african-american top of the pyramid for its retro look. white and male. it's "mad men" goes to washington, except it's leavi
late night comics new material. even the president joked about jack lew's loopy signature saying he better make it more readable before it's printed on u.s. dollar bills. listen to what some of the professional comics are saying. >> that's your signature? or are you just testing to see if the pen works? hey, lew, here's a tip, stop signing all your checks on the teacup ride at disney world. the only way you're allowed to have that as your signature is if your name is boyoyoyong. >> he worked at hostess as a cupcake icer, and now he's -- it's good. it's about time our bills look like they were signed by a roomba. >> our bills should have nothing ridiculous on it, just old men in wigs and pyramids with eyes. is this even a signature? or did he start drawing charlie brown and give up after the hair? good grief. and it got no better when lew explained his fiscal philosophy saying, quote, i described budgets as tapestry, when it's woven together our picture amounts to the hopes and dreams of a nation. >> that is so funny. let's check in with erin burnett, coming up at the top of the hour
as treasury secretary. fox news confirming president obama is choosing jack lew. casey anthony lawyers will appeal today. anthony was found guilty of lying to detectives. >>steve: you might have said you liked it when you got it, but what do you do with all those christmas presents if you didn't really like them and don't really need them? don't feel bad because roughly 10% to 15 partly cloudy of all christmas gifts are taken back or exchanged. that adds up to nearly $88 billion worth of things. how can you turn your unwanted gifts into cash? we are joined by an expert, sandra smith. good morning to you. >> good morning. >>steve: for one reason or another we get stuff for christmas maybe we don't need. we've got four of those already. you've got a way you can make some money. >> you can open a closet and dedicate it to all those unwanted christmas gifts and use them throughout the year. maybe you get candles and soaps you may not want. however you may be going to a dinner party later in the year -- >>steve: you're talking about regifting. >> while it's not immediate cash in your pocket
this week after naming scrutiny this week after naming jack jack lew as treasury secretary, the fourth white male mr. obama. the fourth white male mr. obama has chosen in the last month to has chosen in the last month tot fill top openings in his cabinei and administration.onve seized critics have seized on this photo that shows the president photo that shows the president surrounded by all male advisors, although t surrounded by all male advisers top aid although the white house says top aidehidden behind the men. in addition, one of the president's two female deputy chiefs of valerie jarrett is hidden behind the men. e.p.a. administrator lisa week. epa jackson is quitting and so is is quitting and so is labor labor secretary hilda solis.s.d perhaps the most high profile woman in the president's perhaps the most high-profile woman in the president's cabinet, secretary of state e ha hillary clinton is also on her way out. >> the white house is probably going to be careful with the ls next announcement to have some next announcement to women, maybe some minorities to women, maybe some minorit
-mail, too. the president nominating jack lew to become the treasury secretary. partly and chiefly because of his budget experience. what are your thoughts about the pick and what he brings to the table? guest: i certainly hope it will be positive. i think he will be on a roll with treasury to be having a lot of data at his fingertips, which indicates virtually no interest environment that we are in, it has its pluses and minuses. it also is an environment today where there is not much inflation. if he were to compound inflation in the future, he would well understand what that would do to budgets as well. i think he hopefully is able to bring a perspective and said, let's get some long-term problems dealt with now because here are the risks. he has to be a risk manager. he has to be able to explain these things. this has not been talked about yet. i held as treasury secretary -- he has had experience around congress -- he is more of a washington person. i would hope because he has had political awareness, he would understand the significance and focus on a growth agenda. the fundamental c
Search Results 0 to 45 of about 46 (some duplicates have been removed)